Economist and Nobel Prize winner Paul Krugman says that "in principle, you can have assets, which are considered valuable, even though there is nothing backing them," but he is skeptical about wh... Read More
A Chinese company is buying European assets. China's Midea Group Co is only seeking a 49% stake in German industrial robot maker Kuka, Handelsblatt reported, citing unnamed sources in the Germa... Read More
The hack sent the price of Ether plunging Friday.
The hacking, which siphoned off a third of the project's digital money, is likely to doom the investor-funded project, the Times reporte... Read More
Bitcoin | Blockchain | Banking | Fintech | Markets | BI Intelligence | Payments | Coinbase | TransferWise | Ripple | PayPal | Square | Dwolla | Stripe | Lending | Wealth management | Insurance | Exchanges | Venmo | Apple Pay | Samsung Pay | Android Pay | Xoom | Klarna | Adyen | Lending Club | OnDeck | Funding Circle | Betterment | Wealthfront | LendingRobot | Moven | Ally Financial | Atom Bank
In this report, BI Intelligence assesses the state of the global fintech industry, highlights the drivers of its growth, outlines the areas of fintech that are coming to the fore, and explains the dif... Read More
Bitcoin Price Move Past $6.5K Would Boost Upside Potential
Against expectations, bitcoin (BTC) defended support at $6,000 over the weekend, opening the doors for a stronger corrective rally above $6,480.
Friday's drop below $6,240 (bear flag breakdown) had
XRP Cryptocurrency Now Down 90% From 2018 Price High
XRP, the world's third-largest cryptocurrency by market capitalization, fell to its lowest price of 2018 on Tuesday.
At 00:01 UTC, just after Monday's close, the cryptocurrency dropped to $0.27 cen
Bitcoin's Price Falls Below $6K to Near 2018 Low
The price of bitcoin fell below $6,000 on Tuesday, a move that brought the world's largest cryptocurrency within 2 percent of its 2018 low.
At press time, bitcoin is trading hands at $5,922, print
Korea's Jeju Island Seeks to Become ICO Hub Despite Domestic Ban
South Korea's Jeju island is seeking to become a free zone for initial coin offerings (ICOs) – a plan that, if approved, would allow crypto projects to conduct token sales in the self-governing provin